Railroad Rehabilitation and Improvement Financing Program

Objective

The Railroad Rehabilitation and Improvement Financing (RRIF) program provides direct loans and loan guarantees to: State and local governments, interstate compacts consented to by Congress under section 410(a) of the Amtrak Reform and Accountability Act of 1997 (49 U.S.C. 24101); government sponsored authorities and corporations; railroads; joint ventures that include at least one railroad; and solely for the purpose of constructing a rail connection between a plant or facility and a second rail carrier, limited option rail freight shippers that own or operate a plant or other facility that is served by no more than a single railroad.

Who Can Apply

• U.S. State Government (including the District of Columbia)
• Interstate Organization
• Federally Recognized Indian/Native American/Alaska Native Tribal Government
• Municipality or Township government (inclusive of cities, towns, boroughs (except in Alaska), and villages)
• County Government (inclusive of boroughs in Alaska, parishes and other governmental entities with geographic regional control and authority)
• Other Local Government Consortium, Regional Organization (Intrastate), or Other Local Government Combination
• Airport Authority
• Port Authority
• Transit Authority
• Other Special Disctrict Government
• Local
• State
• Tribal

Eligible borrowers include railroads, state and local governments, government-sponsored authorities and corporations, joint ventures that include at least one railroad, and limited option freight shippers which intend to construct a new rail connection.

Who Benefits

The beneficiaries of the Program will be the State or local government organizations, railroad, joint ventures that include a railroad, and limited option freight shippers that will receive the financial assistance to permit them to complete the specified projects.

Assistance Types

• Direct Loan

Program Contact

buildamerica@dot.gov
2023662300